Wikinvest Wire

Wednesday morning links

Wednesday, June 10, 2009

Fiat to close Chrysler deal, shares rise - Reuters
As Court Clears Path, Chrysler Is Set to Exit Bankruptcy - NY Times
10 big banks given approval to return $68 billion in bailout money - LA Times
Bank of America’s Chief Says Fed Pushed for Merrill Purchase - Bloomberg
House panel to subpoena Fed over BofA-Merrill deal - Reuters
Fontainebleau Las Vegas Files for Chapter 11 - NY Times
Steep climb ahead for U.S. financial reforms - Reuters
GM, Amtrak and an Increasingly Fascist America - Ron Paul

Oil tops $71 after large drop in U.S. crude stocks - Reuters
Gold rises as surging oil raises inflation worries - MarketWatch
World Oil Reserves Fell for First Time in 10 Years, BP Says - Bloomberg
74% Indians ready to invest in gold at high prices - Commodity Online
Rising Commodities Mean No Deflation - Seeking Alpha
Oil in Big Macs - Gregor

April trade deficit edges up to $29.2 billion - AP
For U.S., a Sea of Perilous Red Ink, Years in the Making - NY Times
Green Shoots or Yellow Weeds? - Roubini, Project Syndicate
Chart of the day: Household equity - Salmon, Reuters
Is the U.S. Economy Headed for a “Jobless Recovery?” - Money Morning

China Car Sales Jump ‘Beyond Imagination’ - Bloomberg
Canada's trade balance slips to deficit - Globe & Mail
Russia May Swap Some U.S. Treasuries for IMF Debt - Bloomberg
Sweden forced to take emergency loan amid Latvia crisis - Guardian
Iceland's Banking Crisis: The Meltdown of an Interventionist System - Mises
Latvia May Get IMF Tranche This Month, President Says - Bloomberg
U.K. interest rates to stay low despite signs of recovery - Guardian
A British bounce? - Krugman, NY Times

Foreclosure is the ‘cure’ - O.C. Register
Median prices drop below 1989 levels in parts of Southland - LA Times
Mortgage Applications Fall as Interest Rates Jump - Bloomberg
‘Real Housewives’ Coto home in default - O.C. Register

Bernanke Stares Down the Interest-Rate Bears - Baum, Bloomberg
Market’s Rate Hike Bets at Odds With Likely Fed Path - WSJ Economics
Can Bernanke's inflationary policy save the US economy? - 24h Gold
The Fed's Mortgage Muddle - BusinessWeek

Dan Marino Spices Up Sale With Some Perks - ZillowBlog
Pa. man who killed trooper angry about divorce - AP
College in Need Closes a Door to Needy Students - NY Times
Debt-collection tactics under scrutiny - CSM


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